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Author Question: Economies of scale exist whenever long-run average costs: a. Increase as output is increased b. ... (Read 77 times)

ARLKQ

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on: Jul 1, 2018
Economies of scale exist whenever long-run average costs:
 a. Increase as output is increased
  b. Remain constant as output is increased
  c. Decrease as output is increased
  d. Decline and then rise as output is increased
  e. None of the above

Question 2

Vertical relationships can increase profits through
 a. preventing firms from evading regulation
 b. creating a double-markup problem
 c. better aligning the incentives of manufacturers and retailers
  d. preventing price discrimination


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Laurenleakan

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


ARLKQ

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

6ana001

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Reply 3 on: Yesterday
Excellent

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